SHOCKING DELISTING ALERT: Nasdaq Drops the Axe on AAK and Orrรถn Energy Contracts!
BREAKING NEWS: Nasdaq Derivatives Markets CRACKS DOWN! Get ready for a jaw-dropper! Effective APRIL 17, 2025, Nasdaq is slashing contracts longer than 3 months for TWO BIG PLAYERS: AAK and Orrรถn Energy! This is not a drill, folksโtime to buckle up!
WHAT DOES THIS MEAN FOR YOU? The delisting of these contracts is sending shockwaves through the market! Any agreements with NO open interest? Theyโre getting the BOOT! And if the Open Interest closes before the expiration date? Say goodbye to those too!
FALLING NUMBERS: The NEW Reality! Both AAK and Orrรถn Energy contracts are now limited to just 3 months. Thatโs right, NO MORE nine-month options! Just 90 days to make your moves! Are you feeling the pressure yet?
NO CHANGES ON THE HORIZON!
Before you panic, weโve got some clarityโthere’s NO change to the Risk Parameters, Minimum Block Sizes, or Market Maker Spread Tables! So, at least thereโs a little stability amidst all this chaos.
WATCH OUT FOR THE RULES! For those craving the nitty-gritty, detailed rules and updated contract specs can be found in the Nasdaq Derivatives Markets’ regulations! Youโll want to dig into those if you plan on navigating this new landscape with finesse.
TRADING MAYHEM APPROACHES! Trading hours and calendars are remaining intact for now! But bewareโthe days of long-term contracts are OVER for AAK and Orrรถn Energy.
This is your wake-up callโthe market is changing, and youโve got to stay ahead of the game! Prepare for a wild ride in the world of trading!